Global Derivatives Market with Special Preference to Indian Derivatives Market

Abstract

The subject matter of the study is related to the progression as well as the pattern of the stock index derivatives market in India in the last seven years. Firstly, it is to observe how much as well as in which way the market is flourished by the investors. The past decade has witnessed the multiple growths in the volume of international trade and business due to the wave of globalization and liberalization all over the world. Today, the financial derivatives have become increasingly popular and most commonly used in the world of finance. This has grown with so phenomenal speed all over the world that now it is called as the derivatives revolution. In India, the emergence and growth of derivatives market is relatively a recent phenomenon. Since its inception in June 2000, derivatives market has exhibited exponential growth both in terms of volume and number of contracts traded. The market turnover has grown from Rs.2365 Cr. in 2000-2001 to Rs. 55606453.39 Cr. in 2014-15. Within a short span of fourteen years, derivatives trading in India has surpassed cash segment in terms of turnover and number of traded contracts. The present study encompasses of global derivatives market with special preference to Indian derivatives market.